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Texas Finance Code - Section 64.023. Character Of Loan Expense Payments

Legal Research Home > Texas Lawyer > Finance Code > Texas Finance Code - Section 64.023. Character Of Loan Expense Payments

§ 64.023. CHARACTER OF LOAN EXPENSE PAYMENTS.  An expense 
payment authorized by Section 64.021 is not interest or 
compensation charged by an association for the loan of money.

Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.                   

Last modified: August 10, 2007